Pearson Park, Hull
- PROPERTY TYPE
House Share
- BEDROOMS
11
- BATHROOMS
11
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Description
Nestled in the desirable area of Pearson Park, Hull, this impressive House of Multiple Occupancy presents a remarkable investment opportunity. Boasting a total of eleven bedrooms and eleven bathrooms, this property is designed to cater to the needs of modern tenants, ensuring comfort and convenience throughout.
The property features a ten-bedroom fully ensuite layout, complemented by a one-bedroom flat situated at the rear, providing additional versatility for potential occupants. This arrangement not only maximises rental potential but also enhances the overall appeal of the property.
Currently generating a substantial gross annual income of £81,536, this investment showcases a commendable gross yield of 12.5%. Such figures highlight the property's strong performance in the rental market, making it an attractive proposition for both seasoned investors and those looking to enter the property market.
With tenants already in situ, this property offers a seamless transition for any prospective buyer, allowing for immediate income generation without the hassle of finding new tenants. The location in Pearson Park is particularly appealing, known for its vibrant community and proximity to local amenities, making it a sought-after area for renters.
In summary, this well-maintained HMO represents a lucrative investment opportunity in Hull, combining a prime location with a proven income stream. Do not miss the chance to acquire this exceptional property that promises both financial returns and long-term value.
Brochures
Pearson Park, HullBrochure- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Pearson Park, Hull
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Visit our security centre to find out moreDisclaimer - Property reference 34986203. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by MyPad, Hull. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.